Product Lead

1 week ago


Mumbai, Maharashtra, India IDFC FIRST Bank Full time

Job Title: Manager - New Initiatives

Location: Mumbai, Naman Chambers

Business Unit: Rural Assets

Job Summary:

The ideal candidate will have to review the following related to Overdraft & Personal loans:

  • Product Management
  • Process Management
  • Market dynamics
  • P&L Management

Key Responsibilities:

Product Management: Develop ongoing market insight, Identify sector trends. Evaluate competitors and offerings. Compare competitive products. Configure product SWOT & uncover opportunities.

Portfolio Review and Performance management: Develop market insight, Conducting Post Launch Product audits. Revaluate Competitor action. Analyze Product and Portfolio Performance. Refine/Pricing Structure. Adjusting marketing and Promotional Plans. Assess channel Performance. Rationalization of Portfolios.

Identify Opportunities: Devising smooth/innovative customer journey end to end.

Process Improvement: Customization/digitalization in the Loan process/system platform.

Product Pricing: Determines product pricing by utilizing market research data, costing etc.

Product Sales Support: Devising training module, imparting training to various team co-ordination with various support vertical, etc.

Coordination: Coordinating with different stakeholders for smooth functioning of product.

Reporting: Maintaining MIS and Product decks for periodic reviews.

Daily Interaction: Daily interaction with sales for reaching maximum and daily disbursal volumes for the product.

Qualifications:

Graduate – Science /Commerce

Postgraduate – MBA (Marketing / Finance) from a reputed institute will be desirable

Experience:

4 Years in Industry of Banks/NBFC/HFC



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